BTN 4-1 In conducting interviews and observing factory operations to implement an activity-based costing system, you determine that several activities are unnecessary. For example, warehouse personnel were inspecting purchased components as they were received at the loading dock. Later that day, the components were inspected again on the shop floor before being installed in the final product. Both of these activities caused costs to be incurred but were not adding value to the product. If you include this observation in your report, one or more employees who perform inspections will likely lose their jobs.Required1. As a plant employee, what is your responsibility to report your findings to superiors?2. What is your responsibility to the employees whose jobs will likely be lost because of your report?3. What facts should you consider before making your decision to report or not?Please read the questions given below and then answer the following questions:1. Explain the issue facing you in simple layman's terms.2. What is the ethical issue, if any.3. Who are the stakeholders or parties affected?4. What IMA codes are being violated, if any.5. What do you propose to do to resolve this issue.